"The University of Pfizer" | Arthritis Information
http://pharmagossip.blogspot.com/2008/12/university-of-pfizer.html
ANN ARBOR - The University of Michigan announced Thursday it will
purchase Pfizer Inc.'s former campus in Ann Arbor for 8 million, an
investment it says will create 2,000 jobs over the next decade.
The school's Board of Regents approved the purchase at its Thursday meeting.
The nearly 174-acre campus has almost 2 million square feet of
laboratory and office space that the university says will allow it to
expand its research in health, biomedical sciences and other fields,
including hiring 2,000 researchers and other staff.
"This purchase is an investment in the future of the University of Michigan and of our state," President Mary Sue Coleman said.
New York-based Pfizer announced last year it would shut down its
research and development facility near the campus, where it had
employed 2,100 people.
Sounds like a win-win!
I guess Pfizer spent to much on it's Direct to Consumer Advertisements to still be able to fund any research.The Ann Arbor facility is the old Parke-Davis campus, which Pfizer acquired a while back. R&D facilities were consolidated.
I've decided this must be a very good thing! Pfizer manufactures drugs, so their research will be geared toward what they do - develop drugs to treat/manage/cure various
known conditions. They aren't researching causes and unknowns, they are working with what they've got.
So now the university hopefully has the resources to find the causes and then the drug cos. can develop the meds from there.
Suzanne -
Here is a definition of Life Sciences that I found - but not the stuff that was in the paper when I was there. They now can profit from their discoveries. That's fine and good but the U's are not going to be looking for the cause any more than Pharma is.
What are Life Sciences ?
We define "Life Sciences" to encompass companies in the fields of biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, cosmeceuticals, food processing, environmental, biomedical devices, and organizations and institutions that devote the majority of their efforts in the various stages of research, development, technology transfer and commercialization.
Edited to remove double phrasing
Pip!2008-12-21 05:46:37
[QUOTE=Suzanne]I've decided this must be a very good thing! Pfizer manufactures drugs, so their research will be geared toward what they do - develop drugs to treat/manage/cure various
known conditions. They aren't researching causes and unknowns, they are working with what they've got.
So now the university hopefully has the resources to find the causes and then the drug cos. can develop the meds from there.
[/QUOTE]
Hon, it's just lab facilities and office buildings. It's not like you can only research statins over in wing C of building 42. They're not buying the Pfizer scientists, HR manuals, or business plan to go along with it, are they?
[QUOTE=Pip!]Suzanne -
What are Life Sciences ?
We define "Life Sciences" to encompass companies in the fields of biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, cosmeceuticals, food processing, environmental, biomedical devices, and organizations and institutions that devote the majority of their efforts in the various stages of research, development, technology transfer and commercialization.
Edited to remove double phrasing
[/QUOTE]
Are you saying the discoveries leading up to a "cure" would not need benefit of technology transfer and commercialization? How else would the "cure" be disseminated?
[QUOTE=JasmineRain]
[QUOTE=Suzanne]I've decided this must be a very good thing! Pfizer manufactures drugs, so their research will be geared toward what they do - develop drugs to treat/manage/cure various
known conditions. They aren't researching causes and unknowns, they are working with what they've got.
So now the university hopefully has the resources to find the causes and then the drug cos. can develop the meds from there.
[/QUOTE]
Hon, it's just lab facilities and office buildings. It's not like you can only research statins over in wing C of building 42. They're not buying the Pfizer scientists, HR manuals, or business plan to go along with it, are they?
[/QUOTE]
Hon, I can have hope that the 2,000 researchers and staff are doing something! Never said they were Pfizer employees. Hopefully, this will be
different than Pfizer, right? Pfizer business plan????? Why????? I'm taking this that the university now has a much larger facility dedicated to their research.
Copyright ArthritisInsight.com